In Foreign Economic Activities, It is Necessary to Strictly Implement the Foreign-Related Economic Contract Law

Abstract

When signing foreign-related economic contracts, national sovereignty should be maintained, and the principle of equality and mutual benefit should be adhered to. National sovereignty refers to the supreme power of a country to independently handle all internal and external affairs. No sovereign country can be infringed, and safeguarding national sovereignty is the primary principle that foreign-related economic legal systems should follow. In order to pursue profits, investors sometimes propose activities that violate my country's sovereignty requirements or damage my country's economic interests. For example, with regard to the jurisdiction and applicable law of investment contracts, some foreign investors require the application of the laws of their own countries or regions, and are subject to the jurisdiction of their courts;